TIDMHEIQ

RNS Number : 0456C

HeiQ PLC

17 February 2022

17 February 2022

HeiQ Plc

("HeiQ" or "the Company")

Director / PDMR Dealing

HeiQ Plc (LSE: HEIQ), a Swiss IP innovator and established global brand in materials and textile innovation which operates in high-growth markets, has been notified that on 16 February 2022, Carlo Centonze, Chief Executive Officer of the Company, purchased 33,000 ordinary shares of 30 pence each in the Company ("Ordinary Shares") at a price of 90 pence per share.

Following the purchase, Mr Centonze holds an interest in 13,887,146 Ordinary Shares, including 5,186,237 Ordinary Shares held by Cortegrande AG, a company wholly owned by Mr Centonze. The total interest held by Mr Centonze represents approximately 10.63 per cent. of the Company's issued ordinary share capital.

This announcement, including the notification below, is made in accordance with the requirements of the UK Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                              Carlo Centonze 
     --------------------------------  --------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                   Chief Executive Officer 
     --------------------------------  --------------------------------- 
 b)   Initial notification              Initial Notification 
       /Amendment 
     --------------------------------  --------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                              HeiQ plc 
     --------------------------------  --------------------------------- 
 b)   LEI                               213800IGT65IMJDO4S03 
     --------------------------------  --------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ------------------------------------------------------------------- 
 a)   Description of the                Ordinary Shares of 30p each 
       financial instrument, 
       type of instrument 
                                         GB00BN2CJ299 
       Identification code 
     --------------------------------  --------------------------------- 
 b)   Nature of the transaction         Purchase of Ordinary Shares 
     --------------------------------  --------------------------------- 
 c)   Price(s) and volume(s)              Price(s)   Volume(s) 
                                           90.0p      33,000 
                                                     ---------- 
     --------------------------------  --------------------------------- 
 d)   Aggregated information            N/A 
 
 
       - Aggregated volume 
 
 
       - Price 
     --------------------------------  --------------------------------- 
 e)   Date of the transaction           16 February 2022 
     --------------------------------  --------------------------------- 
 f)   Place of the transaction          London Stock Exchange 
     --------------------------------  --------------------------------- 
 

For further information, please contact:

 
 HeiQ Plc 
  Carlo Centonze (CEO)                             +41 56 250 68 50 
 Cenkos Securities plc (Joint Broker) 
  Stephen Keys / Callum Davidson                   +44 (0) 207 397 8900 
                                                  --------------------- 
 SEC Newgate (Media Enquiries)                     +44 (0) 20 3757 6882 
  Elisabeth Cowell / Robin Tozer / Megan Kovach     HeiQ@s ecnewgate 
                                                    .co.uk 
                                                  --------------------- 
 

About HeiQ

HeiQ is focused on improving the lives of billions of people world-wide by innovating the materials people use every day. HeiQ has strong IP which is at the forefront of global technology in the $10 billion antimicrobial fabrics market, $24 billion textile chemicals market, the $50 billion probiotics market and the $150 billion man-made fibers market. It has also moved into the medical device, healthcare and hygiene coatings markets, to help make hospitals and healthcare environments more hygienic. HeiQ aims to deliver growth for its shareholders through a combination of increased sales of its core products and by entering additional lucrative markets through disruptive innovations and M&A.

HeiQ has created some of the most effective, durable and high-performance technologies in the market today, which cool, warm, dry, repel, purify, and destroy viruses. Since 2005, HeiQ has developed over 200 technologies in partnership with 300 major brands and it has a significant R&D pipeline containing over 50 projects. The Company has won multiple awards and gained a strong reputation for the ESG & sustainable downstream effect of its innovations. HeiQ is the only company to have won the Swiss Technology award twice. It has also won the Swiss Environmental award with an innovation that saves energy and water consumption during the textile manufacturing process.

Led by an experienced leadership team, HeiQ researches new solutions for partners, delivers scaled up manufacturing from its sites across the world and helps partners market the product to end consumers - aiming for lab to consumer in months.

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February 17, 2022 09:35 ET (14:35 GMT)

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